26 Feb 2015 07:01
| |||||||||||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | AVANTI COMMUNICATIONS GROUP PLC | ||||||||||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||||||||||
An acquisition or disposal of voting rights | ü | ||||||||||||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |||||||||||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | |||||||||||||
An event changing the breakdown of voting rights | |||||||||||||
Other (please specify): | |||||||||||||
3. Full name of person(s) subject to thenotification obligation: iii | PAR Investment Partners, L.P. | ||||||||||||
4. Full name of shareholder(s) (if different from 3.):iv | |||||||||||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 24 February 2015 | ||||||||||||
6. Date on which issuer notified: | 24 February 2015 | ||||||||||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5% | ||||||||||||
8. Notified details: | |||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||
ORDINARY 1p | NIL | NIL | 7,887,082 | 7,887,082 | See 13 below | 5.56% | See 13 below | ||||||||
ISIN: GB00B1VCNQ84 | |||||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| ||||||||||
| Nominal | Delta | |||||||||||||
Total (A+B+C) | |||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||
7,887,082 | 5.56% | ||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | PAR Capital Management, Inc. is the sole general partner of PAR Group, L.P. and PAR Group, L.P. is the sole general partner of PAR Investment Partners, L.P. PAR Capital Management, Inc. is the investment advisor to the shareholder and is treated as having an indirect interest in the voting rights attaching to 7,887,082 ordinary shares, amounting to 5.56% of the total voting rights. | |
14. Contact name: | Steven M. Smith | |
15. Contact telephone number: | 001 617 556 8990 | |